IT Monitor is the IT industry's most up-to-date and relevant salary and vacancy analysis across all industry sectors and functional roles in demand for IT candidates and hiring managers.
December 2011
We take a look back at the year that was and also report back on last months salary and vacancy changes across the IT recruitment industry. While the market is gripped with fear of double dip, the Euro Zone crisis, low levels of consumer spending and higher than desired inflation – the IT recruitment industry seems is still buoyant. There were the usual seasonal bumps in the road for IT and a slower than normal recovery from the summer dip, however in most sectors, demand is still outweighing supply.
The number of permanent vacancies rose this month by 0.14% (up from 13,896 in October to 13,916 in November) as some organisations begin to onboard new staff to achieve their 2012 strategies. Vacancies for contractors slid down by 0.25% this month as many contracts are not renewed as end of year wind down occurs in most UK organisations.
UK vacancies in all sectors:
| Permanent |
Contract |
| 13,916
|
+ 0.14% |
6,046 |
- 0.25% |
Salary trends in all sectors:
| Permanent |
Contract |
| MOM |
YOY |
MOM |
YOY |
| + 0.07% |
+ 4.45% |
+ 0.75% |
+ 4.65% |
This month salary for permanent staff remained steady with a marginal increase of 0.07%. Contractor pay rose by 0.75%. This continues to reinforce the message that whilst the economy may be doom and gloom and unemployment high the IT recruitment industry is still buoyant and is likely to remain that way. The reality is that the size of the industry is so large, that it can withstand the downturn (which it proved in the previous recession).
Download full report for December 2011
Download the full copy of this month's IT Monitor, including our full review of the past six months' vacancy and salary trends.
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